Hershey (NYSE: HSY) closed the latest trading day at $198.46, indicating a -0.08% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.75%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1%.
Heading into today, shares of the chocolate bar and candy maker had lost 0.99% over the past month, lagging the Consumer Staples sector's gain of 3.54% and the S&P 500's gain of 4.03% in that time.
The investment community will be paying close attention to the earnings performance of Hershey in its upcoming release. The company is expected to report EPS of $2.78, up 6.92% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $3.13 billion, indicating a 3.39% increase compared to the same quarter of the previous ...
